Question 1

What implications does the 10-day RSI indicator have for NE?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NE's RSI Indicator exited the oversold zone, 20 of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about NE's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did NE's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on July 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NE as a result. In 49 of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 4

What does MACD indicator imply for NE?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for NE turned negative on July 30, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 37 similar instances when the indicator turned negative. In 21 of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What is the significance of the 50-day moving average indicator for NE?

Accepted Answer

NE moved below its 50-day moving average on August 01, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for NE?

Accepted Answer

The 10-day moving average for NE crossed bearishly below the 50-day moving average on August 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day price advance indicate for NE?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NE advanced for three days, in 181 of 240 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.

Question 8

What does a 3-day decline signify for NE's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 9

What does NE breaking above its upper Bollinger Band indicate?

Accepted Answer

NE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 10

How does the Aroon Indicator reflect on NE's trend?

Accepted Answer

The Aroon Indicator for NE entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

NE Stock Noble (NE, $47.2) entered Uptrend as Momentum indicator ascends above 0 level on May 28, 2024

NE in +2.09% Uptrend, rising for three consecutive days on August 08, 2024

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